AI could raise productivity growth from 0.8 to 1.5 percentage points a year. That rivals the boosts we got from the transcontinental railroads, mechanization of agriculture and interstate highway system.
Markets face volatility as Trump 2.0 kicks off with tariff threats, AI investments, and bold policies. Traders brace for abrupt decisions across asset classes.
While the culture wars raged on for the past four years, some real-world questions festered: Is something rotten at Apple? There is little growth. Earnings per share are basically flat since 2021 ...
Concerns over the 10-year Treasury yield nearing 5% and a less dovish Federal Reserve outlook for 2025 have spurred risk-off sentiment in tech stocks. Following a two-year bull run fueled by AI, the sector now faces
Nasdaq 100 climbs at the opening bell as Netflix’s stellar earnings and AI investments fuel tech stock momentum. Will the rally sustain?
Nvidia, AMD, and Broadcom sold off after the Biden Administration released new AI chip export rules late Friday.
SoundHound AI stock is getting hit hard today following the latest U.S. jobs report. While the report showed that more jobs were added last month than broadly expected, this is actually a bearish development because it makes it less likely that the Federal Reserve will cut interest rates.
The AI chatbot shared predictions for the S&P ... Indexes rose after a broad sell-off on Wednesday after the Federal Reserve back rate-cut expectations at its policy meeting.
The S&P 500 ( ^GSPC) was little changed, coming off a three-day win streak that saw the benchmark index close Wednesday on the cusp of setting a new all-time high. The Dow Jones Industrial Average ( ^DJI) traded 0.2% higher, with a record not far off.
The UK's FTSE 100 stalled on Thursday after touching a record high in the prior session as investors sought clarity on U.S. President Donald Trump's trade policies, while shares in CMC Markets tumbled on a disappointing forecast.
The view at Franklin Templeton is that the application of AI across multiple sectors, as well as re-industrialisation as manufacturers move back onshore, heralds the start of a new business cycle that will coincide with an era of deregulation. BlackRock sees the US continuing to stand out thanks in part to its ability to capitalise on mega forces.
The company's share price was up 11% as of 11 a.m. ET and had been up as much as 14.9% earlier in the daily session. Meanwhile, the S&P 500 index was up 1.6% and the Nasdaq Composite index was up 2.1%.